Lawmakers throughout the nation have introduced legislation to explore virtual currency and blockchain technology. Some states are exploring ways in which the technology can boost the local economy while others are implementing specific use cases.
BlockApps is partnering with Red Hat in order to provide businesses with a production environment that allows for blockchain applications to be deployed across both public and private cloud environments.
Yuri Lebedev and Trevor Gross stood trial on February 16, 2017, in Manhattan federal court on charges of conspiracy to operate an unlicensed money transmitting business and operating an unlicensed money transmitting business, stemming from their involvement with the unlicensed bitcoin exchange Coin.mx.
Virginia House Bill 1608, the Uniform Fiduciary Access to Digital Assets Act, passed unanimously in the House on January 26, 2017, and Senate on February 8, 2017. It provides guidelines for fiduciaries managing digital assets.